Kentucky's Board of Pharmacy requires a wholesaler, wholesale distributor, or virtual wholesaler permit applicant to post a surety bond of not less than $25,000 under 201 KAR 2:105. Ours is $750 flat — 3% of the $25,000 amount — and this kind of fixed license bond is among the fastest things we issue.
















Fixed-amount license bonds are the simplest thing in surety. Here's the entire process:
Business details, your application or permit number, and an effective date. That is the application — no financials, no credit check section.
Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your virtual wholesaler permit application or renewal. Wet-ink original mailed on request.
$25,000 security × 3% = $750, one-time per term. Fixed amount, fixed price, multi-year if you want it.
A virtual wholesaler distributes prescription drugs in Kentucky without taking physical possession of them. The Board of Pharmacy conditions the permit on a surety bond (or equivalent security) of at least $25,000 so the state has a financial backstop tied to your permit.
Under 201 KAR 2:105, the bond secures payment of any administrative penalties, fees, or costs the Board imposes and that the licensee fails to pay within thirty days of the penalty becoming final. It is a three-party arrangement: you (the principal), the surety carrier, and the Kentucky Board of Pharmacy (the obligee).
It is not insurance for you — if the surety pays the Board, you repay the surety. The regulation also accepts other forms of security (a letter of credit, a trust account, or insurance), but a surety bond is usually the cheapest: you pay the 3% premium instead of tying up $25,000.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$750 flat, five-minute application, bond often issued in the same sitting. Free until issued.